The Residences 7

194 units · 1 tower

The Residences 7 is a development in Downtown Dubai, comprising 194 registered units. 378 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,710 per sqft. At AED 2,710 per sqft, The Residences 7 prices 12% below the Downtown Dubai median of AED 3,063 per sqft on registered sales.

PIX© price · ↓5.3% YoY

4.05MAED

Typical

2,710AED

PSF

Gross yield

4.0%

PIX© rent ÷ PIX© price

Sale records

378

DLD · all time

Rent contracts

1,303

Ejari · all time

Location data © OpenStreetMap contributors

SATELLITE

LocationDowntown Dubai

Drive times · typical

Downtown Dubai5 min · 1.0 km

DXB Airport18 min · 15.7 km

DIFC12 min · 4.6 km

Dubai Marina26 min · 23.3 km

Palm Jumeirah27 min · 25.6 km

Nearby · straight-line

Metro stationBurj Khalifa / Dubai Mall1.2 km

MallSouk Al Bahar0.3 km

SchoolSalma al Ansaria School2.1 km

HospitalMedcare Orthopaedics & Spine Hospital3.1 km

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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 34

…

2 Bed on Floor 34, The Residences 7

Size
Record: Jul 2011 to Oct 2026
Owners: 7
Tenants: 2
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	Held	Note
2Tenant 2	12 Oct 2026			Owner 7
1Tenant 1	24 Feb 2026		7 mo	Renewal Owner 7
7Owner 7	24 Feb 2026		8 mo	Current owner Sold with tenant in place
1Tenant 1	20 Feb 2025		12 mo	Renewal Owner 6
6Owner 6	31 Jan 2025		13 mo	Sold with tenant in place
1Tenant 1	20 Feb 2024		12 mo	Renewal Owner 5
1Tenant 1	20 Feb 2023		12 mo	Renewal Owner 5
1Tenant 1	20 Feb 2022		12 mo	Owner 5
5Owner 5	3 Feb 2015		10.0 yrs
4Owner 4	12 Nov 2012		2.2 yrs
3Owner 3	12 Jun 2012		5 mo
2Owner 2	12 Jul 2011		11 mo	Mortgage
Owner 1 · Undisclosed		—		Acquisition date and price not on record

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

2 Bed · Floor 34 · The Residences 7

Nightly rateAED

Occupancy (237 nights)

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The Residences 72,710AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY	PIX© Rent /yr	Yield
PIX© Core Project-Wide 872 - 3,745 sqft	194	4.05M	2,710	↓5.3%	161K	4.0%
1 Bed · Apartment 872 - 1,657 sqft	84
2 Bed · Apartment 1,452 - 2,424 sqft	72
3 Bed · Apartment 2,082 - 3,609 sqft	37
4 Bed · Apartment 3,745 sqft	1	-	-	-	-	-

Sales - Project-Wide378 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
9 Apr 2026	1 Bed	The Residences 7 · Floor 36	915	2,050,000	2,240	+16.4%	Standard	Standard Sale
24 Feb 2026	2 Bed	The Residences 7 · Floor 34	1,650	5,100,000	3,091	+153.7%	Standard	Standard Sale
25 Dec 2025	2 Bed	The Residences 7 · Floor 12	1,650	2,562,500	1,553	-50.0%	Entry Level	Standard Sale

Rentals - Project-Wide1,303 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
1 Nov 2026	2 Bed	The Residences 7 · Floor 29	1,650	180,000	109	-	Standard	CERTIFICATE
31 Oct 2026	2 Bed	The Residences 7 · Floor 26	1,650	260,000	158	-	Premium	CONTRACT
25 Oct 2026	2 Bed	The Residences 7 · Floor 23	1,650	136,500	83	-	Entry Level	CONTRACT

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

This project

—

Compared with

Baccarat Hotel and Residences

PIX© PSF

—

Rank

—

#1 of 41

Typical price

—

Yield

—

Units

—

Sales

—

Rents

—

Developer

—

SHAMAL ESTATES L.L.C

Handover

—

U/C

Project	Units	Sales	Rents
Baccarat Hotel and Residences SHAMAL ESTATES L.L.C · U/C · Off-plan pricing	98	92	—
Inaura Hotels & Residences ARADA DEVELOPMENTS L.L.C S.O.C · U/C · Off-plan pricing	119	36	—
Mercedes Benz Places by Binghatti BINGHATTI DEVELOPERS FZE · U/C · Off-plan pricing	163	121	—
The Address Residences Dubai Opera Tower 1 EMAAR · Completed · Off-plan pricing	517	119	567
The Address Residences Dubai Opera Tower 2 EMAAR · Completed · Off-plan pricing	450	120	575
The Address Residences Dubai Opera EMAAR · Completed · Off-plan pricing	977	239	1,150
Binghatti Skyblade BINGHATTI DEVELOPERS FZE · U/C · Off-plan pricing	596	567	—
Burj Khalifa Area EMAAR · Completed · Off-plan pricing	4,217	1,119	2,932
Vida Residences Dubai Mall EMAAR · Completed · Off-plan pricing	760	346	396
Vida Dubai Mall Tower 2 EMAAR · Completed · Off-plan pricing	247	108	136
Burj Khalifa EMAAR · Completed · Off-plan pricing	1,311	31	1,638

Community median 3,063 AED/sqft. Showing the closest-ranked peers of 41 ranked projects in the community. 9 community projects excluded for insufficient recorded sales. 48 excluded for trading only in the off-plan market. 8 excluded for insufficient unit-mix overlap. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Downtown Dubai

The closest-priced registered projects in Downtown Dubai.

Rixos Financial Center Road Dubai ResidencesAED 2,720/sqft
Act OneAED 2,699/sqft
ForteAED 2,748/sqft
Forte 1AED 2,829/sqft
Act TwoAED 2,881/sqft
Burj CrownAED 2,884/sqft

Common questions about The Residences 7

Answered from Dubai Land Department registered transactions.

How much does a property in The Residences 7 cost?

Property in The Residences 7 sells at a current PIX© price of AED 2,710 per sqft, or about AED 4,053,381 for a typical unit, based on 378 sales registered with the Dubai Land Department.

What is the rental yield in The Residences 7?

The Residences 7 yields 4.0% gross, calculated from current PIX© rent against current PIX© sale price, across 1,303 registered Ejari contracts.

How many units are in The Residences 7?

The Residences 7 holds 194 registered units, per the Dubai Land Department unit register.

Have prices in The Residences 7 gone up or down?

Price per sqft has fallen -5.3% over the last 12 months, to AED 2,710, across 378 registered sales.